SCHEDULES

SCHEDULE 19Management: other amendments

Part IAmendments of Management Act

Collection and recovery

20

In section 69 of the Management Act (collection of interest on tax)—

a

for the words “Interest charged under Part IX of this Act” there shall be substituted the words “A penalty imposed under Part II, VA or X of this Act, a surcharge imposed under Part VA of this Act and interest charged under Part IX of this Act”; and

b

for the words “if it is interest on tax” there shall be substituted the words “if it is a penalty or surcharge imposed in respect of, or if it is interest on, tax”.